FTC and Washington Take Action Against Riverside Payments
The FTC and Washington state took action against Riverside Payments, its affiliate and their operators over alleged deception about payment-processing costs and cancellation terms. The defendants will pay $600,000.
Riverside Payments falsely promised to save small businesses money on payment-processing services but failed to disclose fees and auto-renewing contracts, complaint allegesPayment processor Riverside Payments Inc., its affiliate Cascade Equipment Leasing LLC and their operators will pay $600,000 to…